Melinda Little is a part-time officer. As such, it is likely that the company will not make the same progress as it would if that were not the case.
Peter Wilson is a part-time officer. As such, it is likely that the company will not make the same progress as it would if that were not the case.
Alan Brown is a part-time officer. As such, it is likely that the company will not make the same progress as it would if that were not the case.
Statements made in this campaign that contain or describe the Company's objectives, projections, estimates, expectations or predictions of the future may be "forward-looking statements" within the meaning of securities laws, which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "estimates," "anticipates" or the negatives thereof or other variations thereon. The Company cautions that, by their nature, such forward-looking statements involve risk and uncertainty, and that the Company's actual actions or results could differ materially from those expressed or implied in such forward-looking statements or could affect the extent to which a particular projection is realized. Unanticipated events or circumstances occurring after the date of this campaign could negatively impact said projections or estimates.
It's possible that the current trend towards the revitalization of downtown Saranac Lake could suffer a reversal, perhaps by the entry of an out-of-town big box store to the area, thus reducing the Village's tourist appeal.
It's also possible that an aggressive competitor might decide to launch a competitive e-commerce site focused on the Adirondack-oriented sales space.
The Community Store might have difficulty hiring additional qualified management personnel going forward.
The Community Store is currently reliant on a small management team, any loss of their services or any key personnel may have an adverse effect on us. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.
Our business, as is the case of other brick & mortar retailers, is seasonal. As a result, we should see sales gradually increase from May through August due to the influx of tourists to the Adirondack Region but a decrease during these other months, could adversely affect our business.